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O-LevelEconomicsInternational trade and globalisation2281/12 · May/June 2020 · Q301 Mark

The table shows components of Japan's current account balance in trillion Yen (¥) for 2011 and 2012. Which balance improved between 2011 and 2012? [Figure 30.1]

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Abalance of goods
Bbalance of services
Cbalance of primary income
Dbalance of secondary income

✓ Correct answer

D: balance of secondary income

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Topic
International trade and globalisation, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2020 Paper 1 Variant 2, question 30.

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